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Remuneration to company managers on the rise in Belgium

The top chief executive managers in Belgium earned on average 2.07 million € in 2015. The CEOs of the companies listed on BEL20 saw an increase of their earnings by 17 % in 2015 compared with 2014. This disclosed business newspaper L´Echo on Saturday (2 April).

BEL20 are the 20 companies traded at the Brussels Stock Exchange.The highest paid CEO is Brazilian Carols Brito, head of InBev, with 4.62 million €.

Four of the five highest paid CEOs of large Belgian companies are foreigners: Carlos Brito (AB InBev Brazilian), Jean-Christophe Tellier (UCB, French), Jean-Pierre Clamadieu (Solvay, French) and Frans Muller (Delhaize, Dutch). The highest paid Belgian CEO is Luc Bertrand (Ackermans & van Haaren) with 2.08 million €.

Two CEOs of the publicly listed companies, Dominique Leroy (Proximus) and Koen Van Gerven (bpost), earned 810,000 respectively 700,000 euros in 2015 because their salaries are capped by the government

The Brussels Times (Source: Belga)